GBP/JPY recovered but stayed in range of 206.85/211.25 last week. Initial bias remains neutral this week first. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level to bring rebound. Considering bullish divergence condition in 4H MACD, firm break of 211.25 resistance should indicate short term bottoming. However, decisive […]The post GBP/JPY Weekly Outlook appeared first on ActionForex.